Latest Business Insurance Headlines
All the headlines from our Business Insurance Topic Page, ordered by recency.
Firms Report Increase in False Histories of Commercial Drivers: LexisNexis
Nov 16 2012 // Employers tripled their employment verifications of commercial drivers during the first half of 2012, possibly indicating that companies are experiencing a driver shortage and are processing more applicants through...
Q&A With Attorneys on Emerging Business Insurance Topics
Nov 13 2012 // As companies large and small grapple with losses in Sandy’s aftermath, a number of critical — and costly — business questions have emerged. Darlene Alt and Robert DiUbaldo, two experienced insurance...
ISO Adds Alternative Energy Classifications to Commercial Property Program
Nov 13 2012 // ISO has added new classifications to its commercial property program to account for the emergence of alternative energy sources. ISO is a member of the Verisk Insurance Solutions group at Verisk Analytics. In response to...
Texas Manufacturer Faces $64K Fine for Workplace Hazards
Nov 9 2012 // A Belton, Texas-based cabinet manufacturer has been cited by federal regulators for safety violations in the workplace and faces a fine of $64,800. The U.S. Department of Labor’s Occupational Safety and Health...
Post-Sandy Snowstorm Causes New Damage, Complicates Business Insurance
Nov 8 2012 // Businesses in New York and New Jersey that were preparing insurance claims for losses from Superstorm Sandy now have a second headache: how to deal with new losses from an early winter snow storm. The snow and wind from...
West Virginia Employers Seek Solutions for Drugs in Workplace
Nov 8 2012 // They might have red eyes and constricted pupils. They might be nodding off at their desk, if they show up at all. They might not be as certain as they should with a heavy piece of machinery, or maybe have let their...
Louisiana Citizens Considering Commercial Property Rate Increase
Nov 7 2012 // Louisiana Citizens Property Insurance Corp.’s board is expected to approve increasing its commercial coverage rates by an average of 45.1 percent statewide this week. Almost all of Citizens’ roughly 5,700...
Hub International Acquires Canada Broker Huestis Commercial Insurance
Nov 6 2012 // Chicago-based Hub International Limited announced that it has acquired the shares of Huestis Commercial Insurance Ltd. (HCIL), a Saint John, New Brunswick, Canada-based insurance brokerage firm. Terms of the acquisition...
Court: Illinois Teen Eligible for UIM Coverage Under Dad’s Business Auto Policy
Nov 2 2012 // A teen injured in a car wreck is entitled to underinsured motorist coverage (UIM) under her father’s business auto policy even though the vehicle she was riding in was not a listed vehicle on the policy, according to...
Cypress Benefit Administrators Adds Captive Health Insurance for Employers
Oct 24 2012 // Cypress Benefit Administrators, a national third party administrator (TPA) based in Appleton, Wisc., and with locations in Portland, Ore., Omaha, Neb. and Pueblo, Colo., has launched CypressCap group captive insurance...
Wisconsin Workplace Shooting Brings Call for New Law on Guns
Oct 24 2012 // Two Wisconsin lawmakers are pushing legislation to tighten the enforcement of gun rules in domestic violence cases, prompted by a fatal shooting rampage at a suburban Milwaukee spa. Radcliffe Haughton, 45, bought a handgun...
Arrowhead General Insurance Agency, Inc. Appoints Tim Grant as Senior Vice President of Business Development for the Commercial Division
Oct 24 2012 // San Diego, CA, 10/24/2012 – ARROWHEAD General Insurance Agency, Inc. has hired Tim Grant as the Senior Vice President of Business Development for the Commercial Division. As of Monday, October 22, 2012, Grant began...
Hummel Named President of Humana’s Employer Group Division in Texas
Oct 23 2012 // Linda T. Hummel has been named president of the Employer Group Division for Humana Inc. in Texas. A 22-year veteran with Humana, Hummel will be responsible for the overall management and strategic planning for...
Florida Approves More Policy Takeouts at Citizens; Also OKs Commercial Rate Hikes
Oct 23 2012 // Florida regulators announced that two property insurance companies have been approved to take out up to 100,000 policies from the state-backed insurer in December, adding to the 210,000 policies already slated for removal...
WorkCompOne Launches Coverage Website for Small Business Owners
Oct 17 2012 // WorkCompOne, an online insurance destination, has launched a new website focused on serving small business owners. “Main street retailers and professional service providers, such as accounting, legal, engineering and...
Top 25 Workplace Harassment, Bias Settlements
Oct 16 2012 // In honor of National Boss Day, eBossWatch, which enables people to anonymously rate their bosses and evaluate potential employers, has released a study on workplace harassment and discrimination charges that is says are...
Mobile Device Explosion in the Workplace Creates Need for Heightened Security
Oct 16 2012 // Mobile devices have taken the workplace by storm, but the proliferation of these devices has created a new set of security challenges. After a number of high-profile data breaches and “hacktivist” incidents...
Brown & Brown Boosts Earnings in Q3, Sees Middle Market Improving
Oct 16 2012 // Florida-based national insurance broker Brown & Brown Inc. reported that net income for the third quarter of 2012 was up 12.1 percent to $49.5 million over the same quarter in 2011. J. Powell Brown, president and chief...
Schinnerer Adds Small Business Miscellaneous E&O Policy
Oct 11 2012 // Victor O. Schinnerer & Co., a managing general underwriter, is adding to its professional liability offerings with a new miscellaneous professional liability (MPL) insurance program for small businesses. Schinnerer...
Paychex, Employers to Provide Work Comp to Small Businesses
Oct 11 2012 // EMPLOYERS has entered into an agreement with Paychex Insurance Agency, Inc. to provide small businesses the opportunity to acquire and pay for workers’ compensation insurance when they process payroll through...
